
California’s Funding Assistance Program is making $82 million in funds available for small, heavy-duty truck fleets looking to transition to zero-emission commercial vehicles.
California’s Funding Assistance Program is making $82 million in funds available for small, heavy-duty truck fleets looking to transition to zero-emission commercial vehicles.
Investors include Proeza Ventures, a mobility-focused VC firm backed by Tier 1 supplier Metalsa’s holding company, and BUILD Capital Group. Rob Ferber, employee number one and former science director at Tesla, hired as CTO.
The South Coast Air Quality Management District (SCAQMD) recently approved $27 million in funding to replace higher polluting trucks with their zero-emission counterparts.
The investment round of $2.5 billion comes as the electric vehicle startup retools its factory to produce its three electric vehicles starting in 2021.
The South Coast AQMD released Program Announcements for the 2020 Carl Moyer Program, including the SOON (Surplus Off-Road Opt-In for NOx) Provision. Applications are now being accepted.
The $60 million will support the overall growth of Motiv, including opening a new engineering and manufacturing facility in Detroit as well as facilitate further growth in the large-fleet customer segment.
Nikola Motor Company announced it has raised and funded more than $100 million in August and expects to double it by the end of C-round funding.
A large group representing manufacturers, transportation associations, and clean air and health advocates sent a letter to the House of Representatives opposing a proposed amendment to the House Interior-EPA appropriations bill that would remove all funding for the Diesel Emissions Reduction Act.
Asset tracking software provider FourKites announced that it has raised $13 million in Series A funding led by Bain Capital Ventures, bringing total funding for the two-year-old company to $16.5 million.
Congress should limit spending to targeted, legitimate projects.
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